Asian Shares Rise, Oil Extends Gains After OPEC+ Deal {Asian Shares Rise, Oil Extends Gains After OPEC+ Deal} – English

Asian Shares Rise, Oil Extends Gains After OPEC+ Deal {Asian Shares Rise, Oil Extends Gains After OPEC+ Deal} – English

The post Asian Shares Rise, Oil Extends Gains After OPEC+ Deal appeared first on Wealth-X.

Asian shares were cautiously higher on Thursday, while the dollar eased ahead of U.S. non-farm payrolls data, and oil prices gained for a fourth day after deep production cuts pledged by OPEC+ members.

MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 0.4% in early Asia trade, as U.S. futures gained. The index is up 4% this week after faling 13% in September.

Japan’s Nikkei stock index (.N225) climbed 0.7% to its highest level since September, South Korea (.KS11) advanced 1.2% and Australia (.AXJO) edged 0.1% higher. Hong Kong’s Hang Seng index (.HSI), on the other hand, fell 0.5%.

Read the full story on Reuters here.

The post Asian Shares Rise, Oil Extends Gains After OPEC+ Deal appeared first on Wealth-X.